Answer:
$1,550
Explanation:
Given that
Price tag = $620
Discount percentage = 60%
By taking the information,
The computation of the suit original price equal to
= Price tag ÷ (1 - discount percentage)
= $620 ÷ (1 - 0.60)
= $620 ÷ 0.40
= $1,550
Therefore, the suit original price is $1,550 after considering the discount percentage and the price tag.
Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.
Answer: $298,800
Explanation:
Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns
= 304,000 + 6,700 - 3,500 - 8,400
= $298,800
Clipart, and cropped are examples of two images
Answer:
The company's net income for 2015 is loss $62,000 ( -$62,000)
Explanation:
During 2015, Rainbow Umbrella Corp. had sales of $730,000
Total expense for 2015 = Cost of goods sold + Administrative and selling expenses + Depreciation expenses + Interest expense = $450,000 + $90,000 + $160,000 + $92,000 = $792,000
Sales - Total expense = $730,000 - $792,000 = -$62,000<0
The company recorded loss in 2015 the amount of $62,000 and didnot have to pay tax.
